Ministry of Electronics & IT
India under PM Narendra Modi has transformed from being a IT/ITES Hub to one designing & manufacturing nextGen products and devices: MoS Rajeev Chandrasekhar at The Deep Tech Summit in Bengaluru
Terms ‘Eye opening’ - the products, ideas and sense of vision of young Deep Tech Startups who displayed their innovations
Recently announced 300 acre Apple-Foxconn plant in Karnataka to catalyse electronics manufacturing and Deep Tech ecosystem in the state: MoS Rajeev Chandrasekhar
18-20 lakh Kannadiga Youth to be skilled in traditional to Industry relevant FutureReady skills under Govt of India’s Skilling Programs over next three years
Union Minister of State for Skill Development & Entrepreneurship and Electronics & IT Shri Rajeev Chandrasekhar today said that post Covid as electronics global value chains are being re-shaped, India is becoming more and more relevant not just in terms of designing but also for manufacturing cutting edge technology and next generation products and devices.
He said “Upto 2014, the IT/ITes sector mostly represented India’s digital economy. After the Narendra Modi government took over, the opportunities in the digital economy space have rapidly expanded and cover areas such as internet consumer tech, AI, data plus economy, electronics, space, automobiles, space. Segments of the economy that were slightly digitised are now racing forward with each building a future on intersection of digitisation and deep tech.”
“Under PM Narendra Modi ji’s government, Deep tech, Electronics and Semiconductor sectors and designing and manufacturing of next gen products and devices are going to be significant focus areas for our digital economy, startups and Young Indians,” Shri Rajeev Chandrasekhar said, addressing the Deep Tech Summit - Transformation Through Indigenous Innovation, organized by MeitY-NASSCOM Center of Excellence  - IoT & AI.
Highlighting the skilling efforts of the Government and the allocation of Rs. 8000 crores for it in the Union Budget, the Minister said, “The talent inputs that are required to be an enabler for the expansion of the digital economy have been put in place. In Karnataka alone, 18- 20 lakh youth will be skilled for both blue collar as well high tech, industry relevant and future ready jobs over the next three years.”
The Minister also added that the Indian digital economy is no longer limited to certain centers of innovation. He said “Innovation and talent are longer restricted to developed centres like Gurugram or Bengaluru but come from new and smaller cities”.
Shri Rajeev Chandrasekhar also spoke about the new arenas that Karnataka can become a technology hub for, and referred to the 300-acre plant being put up by one Apple Inc suppliers Foxconn just outside Bengaluru in that context. He mentioned that it shall open up new opportunities for the youth and catalyze the electronics manufacturing and DeepTech ecosystem.
Prior to the Minister’s address, several startups showcased innovations especially in healthcare and spoke highly of the cooperation they were getting from the governments both at the Centre and in Karnataka. The Minister appreciated the efforts of MeiTY NASSCOM Centre of Excellence in IoT/AI at Bengaluru for playing a critical role in Catalyzing DeepTech ecosystem in Bengaluru and Karnataka.
The other attendees included Ms Kalavati, SVP, Head of Software-as-a-Service solutions & Software Center of Excellence and Shri Jitendra Chaddah VP, India Country Head for GlobalFoundries who termed India’s semiconductor policy as “the best policy rolled out by respective nations”, and asked Deeptech Startups to “Stay there - there are going to be lot of opportunities. “
Recently, the Ministry of Electronics and IT had signed a pact with Siemens Healthineers to develop new, improved and innovative technologies for advancing healthcare and diagnostic access in India.
The MoU was signed between MeitY and Siemens Healthineers and Society for Applied Microwave Electronics Engineering and Research  in healthcare technologies such as Magnetic Resonance Imaging  and Linear Accelerators .